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MauroAndrade
Oct 20, 2014 12:56 PM

Short Cable at the 1.6180 Institutional Level Short

British Pound/U.S. DollarFXCM

Description

I believe we are up for a sell on cable since price is reaching a current range top. Clear bearish order block around the 1.6160 level. also a clear resistance level form weekly and daily charts. GBPUSD has a bearish outlook since market structure is in line with the 9 & 18 Emas on the daily time frame. Big boys are still short in this pair.
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